Report: Ex-Patriots QB Brian Hoyer, Colts Agree to 3-Year, $12M Contract

The Indianapolis Colts reportedly signed quarterback Brian Hoyer to a three-year, $12 million contract with $9 million guaranteed Monday.

ESPN's Adam Schefter reported the news.

Hoyer, 33, was released by the New England Patriots as part of 53-man cuts after losing the backup job to Jarrett Stidham. He signed with the Patriots after being released by the San Francisco 49ers following the 2017 Jimmy Garoppolo trade.

The Colts were in the market for a veteran backup after Andrew Luck's surprise retirement. Jacoby Brissett will serve as Indianapolis' starter this season, but the team had no other experienced backups. Chad Kelly is suspended for the first two weeks of the regular season, and the team cut Phillip Walker on Saturday.

"Yeah, no, it is unsettled," Colts head coach Frank Reich said of the team's quarterback situation Thursday. "We've been doing work on that in evaluating Chad (Kelly) and (Phillip Walker), as well as evaluating all options, obviously, as you would expect. And that'll play out over the next couple days."

It's unclear if Kelly will remain on the roster when he returns from the suspension with Hoyer locked in as Brissett's backup. Brissett is in the final year of his contract, which means Hoyer has the most job security of any quarterback on the Colts roster.

Indianapolis is Hoyer's eighth NFL stop. He previously played for the Pittsburgh Steelers, Arizona Cardinals, Cleveland Browns, Houston Texans and Chicago Bears in addition to the 49ers and Patriots. In 65 games played, Hoyer has thrown for 9,902 yards and 48 touchdowns against 30 interceptions.